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QMTF.Quicken is a finance management software released by Intuit, which offers features like budgeting, bill management and other financial management tools. QIF file extension, rather than. (74.99 new, free update from Quicken 2017, release notes, 10.10+)A Moneydance support article states you can rename the file so that it ends with the.

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Type in an Account Set Name (Data Set) and click NEXT. If you have opened Moneydance before create a new data set under FILE (MONEYDANCE on Mac) вЂ“ NEW.Select вЂњCreate New FileвЂќ (Data Set) and click NEXT. If you get this wrong it will be apparent as the dates in Moneydance will be all over the place and you will need to start again creating a new data set.QIF files were never meant for transferring data from one program to another, but itвЂ™s all that is available, you will need to spend time cleaning thing up when import is complete.When you first start Moneydance it opens in the Welcome window click on вЂњCreate a new account setвЂќ. You will need this information later. D25/03'2019 Day Month Year or D5/ 17'19 or D Month Day Year etc. You are looking for the date format used in the file e.g.

To remove them from the side bar, right click and select REMOVE FROM SIDE BAR.Now the real work starts to check balances and tidy thing up. If you think this is the case you can add initial balance to affected accounts as follows.Highlighting an account, then click ACCOUNT вЂ“ EDIT ACCOUNT and add an Initial Balance.For investment accounts file donвЂ™t always carry security prices other than buy sell prices, so investment account balances maybe wrong until you update with current security prices.Any accounts that are inactive (closed) should be made inactive by highlighting the account in the side bar and clicking ACCOUNT вЂ“ EDIT ACCOUNT and ticking the inactive box. Select the correct Decimal Character.Click import and waited to account values to file in, again this can take some time, it may appear nothings happening.Some accounts maybe hidden under the вЂњ+вЂќ at the bottom of the side bar, added them back.Some files donвЂ™t include initial account balances. File Type, leave at вЂњStandard Account setвЂќ, click FINISH.In the side bar (list on left) under BANK deleted the two default Bank accounts, highlighting them in turn and using ACCOUNT вЂ“ DELETE ACCOUNT.NOTE: If you have accounts with currencies that are not in your base currency (foreign currencies) perform the steps under NOTE 1 before importing your QIF file as follows.Drag and dropped the file into the side bar (list on left).Waited for import window to appear, this can take a few minutes.IMPORTANT: Checked all listed accounts are of the correct type and currency and changed if required.The вЂњDate FormatвЂќ should be set to the date format used in the file not the date format you want to use in Moneydance.

To overcome this file shortcoming the Currency/Security History window must have current and dated exchange rates filled in which cover the date range of transactions in non-base currency account. Note: file do not contain exchange rates. Ensure вЂњShow on summary pageвЂќ box is ticked under TOOLS вЂ“ CURRENCIES вЂ“ highlight subject currency and double click вЂ“ EDIT. But worth it in the end.For information on how to use Moneydance see Note 1: This section only applies if you have accounts with currencies that are not in your base currency.

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